Servicing

The criminal and civil investigation arose in late 2011 when the investment bank terminated a mortgage-backed securities trader who was indicted in January of last year.

Mortgage, title and real estate firms might seem as if they are guarded against cybercrimes, in comparison to credit card companies, but they are not, according to a financial services technology expert.

The government-sponsored enterprise is keeping a running list of appraisers that it views as shady and is warning banks and mortgage lenders to be careful about doing business with them.

The inventory of loans in foreclosure is 1.2 million at yearend, while delinquencies rose slightly in December from the month before.

The Dallas center provides a U.S. presence for SLK’s mortgage and title insurance services and serves as a business continuity option for operations managed from India.

The Dallas-based national mortgage banker has opened two new branches and added staff in an effort to expand its presence in the area.

The global and national economy, a spooked stock market, Federal Reserve activity and unemployment are a few issues that could determine whether investors continue buying housing units.

Family wealth differences are having a more pronounced effect on consumer behavior as home prices increase, according to the Consumer Federation of America. And it does not look promising for homeownership hopefuls.

The new manual underwriting guidelines could make it tougher for some borrowers to get federally insured low-downpayment loans.